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First Trust TCW Unconstrained Plus Bond ETF (UCON)

24.66 +0.00 (+0.02%)
At close: November 21 at 4:00 PM EST

ETF Summary

Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in a portfolio of fixed income securities. Its average portfolio duration will vary from between 0 to 10 years. It may invest a significant portion of its assets in securitized investment products, including up to 50% of its net assets in each of asset-backed securities, residential mortgage-backed securities and commercial mortgage-backed securities.

Risk Overview

Performance & Risk

YTD Return 4.33%
5y Average Return 2.81%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.56
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
UCONCategory AverageUCONCategory AverageUCONCategory Average
Alpha 1.3 0.83 1.8 1.38 0 0.88
BETA 0.56 0.47 0.58 0.46 0 0.4
Mean Annual Return 0.16 0.17 0.24 0.23 0 0.22
R-squared 91.54 54.35 57.95 30.43 0 23.84
Standard Deviation 4.64 5.69 4.86 6.36 0 5.03
Sharpe Ratio -0.45 -0.4 0.07 0.03 0 0.19
Treynor Ratio -3.83 -0.22 0.37 -3.92 0 3.03

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